Skip to content
Subscriber Only

ABP, Goldman Sachs Settle Suits Over Mortgage-Backed Securities

Stichting Pensioenfonds ABP and Goldman Sachs Group Inc. reached a settlement in a dispute over residential mortgage-backed securities purchased by the fund from 2005 to 2007.

“We now are pleased to see that these cases are concluded satisfactorily one by one,” Henk Brouwer, chairman of Heerlen, Netherlands-based ABP, said in a statement today. “We have full confidence that all will be completed in due course, evidencing that all parties involved are looking to the future, leaving past grievances and practices behind them.”